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Lithium Americas Corp T.LAC

Alternate Symbol(s):  LAC

Lithium Americas Corp. is a lithium resource company. The Company is focused on advancing Thacker Pass to production. The Company owns 100% of the Thacker Pass project, which is located in Humboldt County in northern Nevada, through its wholly owned subsidiary, Lithium Nevada Corp. Thacker Pass is situated at the southern end of the McDermitt Caldera, approximately 60 miles (100 kilometers) northwest of Winnemucca, in Humboldt County, northern Nevada. Its subsidiaries include RheoMinerals Inc., KV project LLC, and 1339480 B.C. Ltd.


TSX:LAC - Post by User

Bullboard Posts
Comment by LACLOLon Jan 30, 2017 2:03pm
129 Views
Post# 25773443

RE:For oneafter909

RE:For oneafter909I think anybody invested in LAC should take a serious look their emotions , for quite a few years now this stock has been the darling of the lithium industry and the top choice of most analysts , problem is , it never does much , too much bad management , way too much dilution way too early , and constant lack of transparency by management , investors are either shunning this stock , or it is fully valued at under one dollar , at least until production.

I feel both are at play.

Todays news says:  Lithium Americas Corp (TSE:LAC) Director George R. Ireland purchased 100,000 shares of the firm’s stock in a transaction dated Monday, January 23rd. The stock was bought at an average cost of C$1.03 per share, with a total value of C$103,000.00.

Basically a failed attempt to prop up share price.
They also said:

Canaccord Genuity restated a “speculative buy” rating and set a C$1.10 target price on shares of Lithium Americas Corp in a research report on Monday, October 17th.

$1.10 , thats all ?
We know this stock has never reached a target price yet , so now set one so low , is not a good sign , it wasn't long ago targets were $1.90 and $2.20 , in 2011 analysts had targets of $4.50 and up , that was Dundee and others !

So take his goofy mantras seriously , because you may be setting yourself up for a big disappointment , this management has a bad history.

 You're flogging a dead horse people !

ShootzyScores wrote: I don't have any anti-depressants for you , but I will share my new mantras with you , it looks like you need them , but because you are ignoring me , you probably wont see them , and may never relax , and be unhappy forever.

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